Spradlin Shane M. 4
4 · PENSKE AUTOMOTIVE GROUP, INC. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Penske (PAG) EVP Shane Spradlin Receives 4,994-Share Award
What Happened Shane M. Spradlin, EVP, General Counsel & Secretary of Penske Automotive Group (PAG), received an award of 4,994 shares on February 25, 2026. The filing lists the transaction as an award/grant (code A) and does not report a per-share price or total value (price noted as not relevant).
Key Details
- Transaction date: 2026-02-25; Form 4 filed 2026-02-27 (timely filing).
- Transaction type: Award/Grant (A). Price: N/A (footnote indicates price not relevant).
- Vesting schedule (footnote): 15% vest on 2027-06-01, 15% on 2028-06-01, 20% on 2029-06-01, and 50% on 2030-06-01.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- No 10b5-1, sale, exercise, or tax-withholding details reported in this excerpt.
Context This was a compensation grant, not an open-market purchase or sale — common for executives and typically subject to multi-year vesting. Such awards are routine forms of executive pay and do not, by themselves, indicate a trading decision or immediate market action.
Insider Transaction Report
Form 4
Spradlin Shane M.
EVP, Gen. Counsel & Sec.
Transactions
- Award
Common Stock
[F1][F2]2026-02-25+4,994→ 38,146 total
Footnotes (2)
- [F1]Fifteen percent of the shares vest on June 1, 2027, fifteen percent of these shares vest on June 1, 2028, twenty percent of the shares vest on June 1, 2029, and fifty percent of the shares vest on June 1, 2030.
- [F2]Price is not relevant to this transaction.
Signature
/s/ Shane M. Spradlin|2026-02-27